Bonds; authorize issuance to assist Town of Duncan with road rehabilitation project.

HB 1939 authorizes Mississippi to issue state bonds to provide funds for the Town of Duncan's 2024 road rehabilitation project. The bill directs that bond proceeds be transferred to a special fund and used exclusively to cover the town's road repair costs. As state general obligation bonds, they are backed by Mississippi's full credit, with repayment funded through state treasury if needed. This is a funding mechanism, not a policy change, directly benefiting Duncan's infrastructure project.